In 2019 Abu Dhabi’s retail sector continued to adapt to a 5% value-added tax (VAT) that came into force in early 2018, with consumer confidence picking up as residents began to factor the new levy into their purchasing behaviours. Malls continue to dominate the retail space, which saw some 200,000 sq metres of gross leasable area (GLA) added...
Leveraging its location at the confluence of over 200 air routes, 150 shipping lanes, thousands of kilometres of road networks and a developing rail system, Abu Dhabi offers global and local businesses a range of industrial and free zones closely linked to these avenues. This dovetails with the emirate’s long-term development strategies, the...
Abu Dhabi’s industrial sector continues to be a key contributor to GDP and the drive for diversification away from oil- and gas-based growth. The sector has also widened its industry portfolio in recent years, with companies based in Abu Dhabi now ranging from steel production to high-tech manufacturing, among other areas. Many of these...
Global food demand is expected to increase by anywhere between 59% and 98% by 2050. However, global freshwater resources are already overstretched due to climate change and soaring population growth, and it is unclear how agricultural production will keep up with these challenges. In recent years climate-induced water shortages in urban areas...
New steps are being taken to enhance domestic agricultural production and food security in Abu Dhabi through innovative practices. Technology, and research and development (R&D) will be key to expanding the agriculture sector and making it more resilient and sustainable. With a rising global population, accelerating food demand, scarcity...
As a globally strategic industry, agriculture is a key target for expansion, modernisation and diversification in the emirate. Abu Dhabi Economic Vision 2030 aims for the non-oil sector to make up 64% of the economy by 2030. Food and agriculture have an important part to play in achieving this and represent vast potential for growth into new...
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